Saturday, May 22, 2010

China's Aluminum Change

Aluminum Producers in China ‘Losing Money,’ May Reduce Output

“At these prices all aluminum producers in China are losing money,” said Jia Zheng, a trader at Soochow Futures Co. “So far we haven’t heard of any output cuts yet. Producers will try to maintain output for a long as they can because it is costly and time-consuming to restart idled capacity.”

We've been in this business a long time. With our experience, we're going to have ideas for change combinations that probably haven't occurred to you.

A lot of people don't realize that change is a two-way street.

How do you make money doing this? The answer is simple. Volume.

See Also:
Silver to Aluminum Price Ratio
The Quantity Theory of Aluminum
More Deflationary Thoughts
World Production Euphoria
Monetary Printing Press vs. Mining Equipment
Hot Commodities vs. Commodity Glut?


Stagflationary Mark said...

As a side topic...

Mish: College Grads about to Flood Labor Market; Class of 2009 Still Without Jobs in Deep Trouble

Moreover, training plumbers to be java programmers (or vice versa) will do nothing but waste money while offering false hope and a burden of long-term student debt that cannot be paid back.

Speaking as a former computer programmer, I think that's excellent advice. Here's my advice for what it is worth.

Do what you are naturally good at. I don't care what that is. It could be plumbing. It could be fixing cars. Don't train to be something you are not. I had a love of programming. Algorithms fascinated me. It requires a love of programming to do well though.

I want you to picture being a book author. You can train all you want by studying every nuance of the English language. That won't guarantee you'll be a good writer though. You might just not write anything people would actually pay to read.

I enjoy writing this blog but I don't expect to be paid for it. I'm just not that good and the competition is enormous. English has never been a strength of mine. It's been math first, ask questions later, lol.

In summary, I think the best chance at happiness is to simply find a job you love to do. Chances are you will be better at it than your competition and it might not even seem like work. Win win.

watchtower said...

"I think the best chance at happiness is to simply find a job you love to do."

Hmmmm, now if only I could find a way to get paid for playing Borderlands.

: )

I thought I was going to have to wait till this fall (release of Fallout - New Vegas) to have a game that I enjoyed playing, but this Borderlands is simply fantastic!

Stagflationary Mark said...


"Hmmmm, now if only I could find a way to get paid for playing Borderlands."

Game testing

Testers with less than three years experience earn an average of US$25k while testers with over three years experience earn US$43k. Testing leads, with over six years experience, earn on an average of US$71k a year.

Just a thought! Of course, they won't limit you to just testing games like Borderlands. You might also find yourself testing...

Karaoke Revolution

Karaoke Revolution Presents: American Idol Encore 2 (PS3)

Game Rankings: 55%

I'd need hazard pay, lol. ;)

watchtower said...

I think I could work that Karaoke Revolution to my advantage if it involved me actually singing, it wouldn't be long till they would pay me not to test it : )

Stagflationary Mark said...


I think we could retire you if we sang a duet together.

Stop Draggin' My Heart Around

I do sing a pathetic Stevie Nicks and a contemptibly inadequate Tom Petty, lol.